Funding arb · Price arb /

ENJ

all ENJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.6059%/8h= +663.4% APRpaid last 24h +0.270%

Price spread now: Kraken Futures against KuCoin+0.643%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$182 a day on $10k at the current rate, and Kraken Futures is 0.643% dearer against KuCoin than usual: you sell high and buy low: +$64 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ENJUSDTM	0.02801	0.0100	pay 0.0050% / 4h	3h 21m	$394K	$68K	30x
Short	Kraken Futures PF_ENJUSD	0.02819	0.6159	get 0.0770% / 1h	21m 57s	$26K	$8K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee Kraken FuturesbpOrdersPrice spread, now +0.643%Rate

Funding earned: $1,272.36
Price spread: +0.643% → 0.000%: $64.31
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $1,314.66
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 51 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 51 min ago	14.17 bp	237.1 bp −$237	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ENJ on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ENJUSDT	+0.0100%	4h	0.02799	−0.055%	$17K	$5K	5x	as long as short
Binance ENJUSDT	+0.0100%	4h	0.02796	−0.173%	$3.0M	$3.4M	50x	as long as short
Bybit ENJUSDT	+0.0100%	8h	0.02795	−0.211%	$938K	$613K	25x	as long as short
OKX ENJ-USDT-SWAP	+0.0100%	4h	0.02799	−0.071%	$291K	$412K	10x	as long as short
Gate ENJ_USDT	+0.0100%	4h	0.02799	−0.071%	$108K	$36K	25x	as long as short
MEXC ENJ_USDT	+0.0100%	4h	0.02798	−0.107%	$1.9M	$846K	75x	as long as short
KuCoin ENJUSDTMlong	+0.0100%	4h	0.02801	long leg	$394K	$68K	30x
Bitget ENJUSDT	+0.0100%	4h	0.02796	−0.179%	$689K	$263K	50x	as long as short
Variational Omni ENJ	+0.0100%	8h	0.02802	+0.035%	$3K	$19K	—	as long as short
Extended ENJ-USD	+0.0104%	1h	0.02797	−0.135%	$3K	$180K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ENJ-USDT	+0.0117%	4h	0.02808	+0.250%	$132K	$102K	50x	as long as short
BingX ENJ-USDT	+0.0200%	4h	0.02798	−0.107%	—	$2.4M	—	as long as short
Kraken Futures PF_ENJUSDshort	+0.6159%	1h	0.02819	+0.643%	$26K	$8K	20x